Banking System in India

Economics ⇒ Money and Banking

Banking System in India starts at 10 and continues till grade 12. QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Banking System in India. How you perform is determined by your score and the time you take. When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.

See sample questions for grade 12

Describe the process of credit creation by commercial banks.

Explain the difference between demand deposits and time deposits.

Explain the difference between public sector banks and private sector banks in India.

Explain the process of nationalisation of banks in India.

Explain the role of the RBI as a banker to banks.

Explain the term 'Lender of Last Resort' with reference to the RBI.

Explain the term 'Scheduled Bank'.

Explain the term 'Statutory Liquidity Ratio' (SLR).

State any two functions of commercial banks in India.

What is the function of the Deposit Insurance and Credit Guarantee Corporation (DICGC) in India?

What is the main difference between a commercial bank and a cooperative bank in India?

What is the main function of the Reserve Bank of India (RBI)?

What is the main objective of Regional Rural Banks (RRBs) in India?

What is the primary objective of the National Bank for Agriculture and Rural Development (NABARD)?

What is the role of the RBI in controlling credit in the economy?

What is the significance of the Cash Reserve Ratio (CRR) in the Indian banking system?